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Dais Analytic, a clean technology firm commercializing its nanotechnology inventions focusing on the applications of desalination, energy efficient HVAC equipment, and energy storage (ultracapacitor), announced today it has entered into a research agreement with prestigious University of Florida located in Gainesville, Fl.
The agreement will power the path to energy's future focusing on Dais' NanoCap(TM) ultra capacitor moving it from successful materials testing to prototype.
The materials test results, conducted by GE's Global Research and Development Center, show Dais' materials and design exhibit great promise to yield a power storage device able to dramatically improve power delivery from consumer electronics to "smart grid" applications, to most forms of transportation.
"NanoCap's testing to date shows that our materials have the potential of being configured into an energy storage unit capable of replacing the internal combustion engine -- or perhaps better described, as being able to deliver the electronic equal to the energy density of gasoline," said Scott Ehrenberg, Chief Technology Officer of Dais. Further, Ehrenberg states, "The unit, which we believe can be built and marketed, has the ability to positively improve power delivery in a wide range of industries world-wide."
With the advent of an energy storage device such as NanoCap, designed to be scalable for small or large projects, electricity from intermittent electricity generators like solar panels and wind turbines could be stored for use at a later time. This form of flexible storage allows the steady and predictable release of renewable electricity into the nation's electric grid advancing the economics of renewable energy sources which offer strong environmental positives.
President of Dais, Tim Tangredi stated, "The partnership with the University of Florida's strong team, headed by Saeed Moghaddam, Ph.D., is designed to allow Dais to move its 'game changing' ultracapacitor application closer to market introduction."
Cautionary Statement Regarding Forward-Looking Information
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Dais Analytic Corporation (the "company") and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
About Dais Analytic Corporation
Dais Analytic Corporation (DLYT 0.37, +0.01, +2.78%) is commercializing its nanotechnology materials and processes into break-through products becoming a leading participant in the applied nanotechnology industry with a specialized focus on the needs of the energy and water industries. Products incorporating Dais's nanotechnology minimize consumption of irreplaceable natural resources and stop degradation of our environment. To find out more about ConsERV (energy recovery for HVAC) please log onto www.conserv.com.
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